Will my property be at risk for husband's debt?

Asked on Mon, 05/13/2013 - 11:39Anonymous

I had my own house before I got married to my present husband. Now, he’s the one with the bad credit and debts. Though the house is titled in my name only, do I risk losing the house, since we’re married? I had never been involved in any of his financial dealings, and didn’t know he had such a lot of credit dues.

No, it’s his debt and he’s liable for it. Since you had the house before marriage, it’s safe even in community property states. The creditor’s can’t place lien on the house, and so you don’t need to worry about losing it – at least not unless you have re-titled it and made him the co-owner.

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